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【Crude Oil Product Demand Expectations Continue To Be Weak, And Prices Mainly Fluctuate At A Weak Level.】Currently, The Geopolitical Situation In The Middle East And Ukraine-Russia Is Characterized By Small-Scale, Periodic Outbreaks, And The Market Has Fully Reflected This. After The Short-Term Impact Is Released, Crude Oil Product Mostly Returns To Being Driven By Fundamentals. At Present, The Sequence Of Policy Implementation After Trump'S Ascendance Is Still Unclear, And Uncertainty In The Market Remains Strong. Overall, Recent News Does Not Provide Guidance. On One Hand, The Federal Reserve'S Interest Rate Cut Meets Expectations, And The Market Is Observing The Sequence And Intensity Of Policy Implementation After Trump'S Ascendance Next Year; On The Other Hand, The Contradictions On The Supply Side Have Been Reflected In The Market, And Demand Expectations Remain Weak, With Crude Oil Product Prices Continuing To Fluctuate At A Weak Level
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